Statutory Information and Restrictions (Tables)

12 Months Ended

Dec. 31, 2019

Statutory Information and Restrictions [Abstract]

Statutory Capital and Surplus

	As of December 31,
	2019		2018
U.S. capital and surplus	$	8,564	$	8,510

	For the Years Ended December 31,
	2019		2018		2017
U.S. net gain (loss) from operations, after-tax	$	409	$	692	$	1,329
U.S. net income (loss)		388		1,019		1,468
U.S. dividends to LNC holding company		600		925		974

Effects on statutory surplus compared to NAIC statutory surplus

	As of December 31,
	2019			2018
State Prescribed Practices
Calculation of reserves using the Indiana universal life method	$	24		$	36
Conservative valuation rate on certain annuities		(49	)		(55	)
Vermont Subsidiaries Permitted Practices (1)
Lesser of LOC and XXX additional reserve as surplus		1,947			1,959
LLC notes and variable value surplus notes		1,648			1,634
Excess of loss reinsurance treaties		419			330

⁽¹⁾These permitted practices are related to structures that continue to be allowed in accordance with the grandfathered structures under the provisions of AG48 or are compliant under AG48 requirements.